Chinese mobile manufacturer iQOO is all set to launch its 5G-ready phones in India during February 2020. The company is targeting to sell one million units in the fastest growing smartphone market through online channels. The company will launch both 4G as well as 5G variants of its phones in premium segments.
The directors of iQOO feel that 5G support will help the company overcome its initial barriers. Many Chinese companies are using 5G to disrupt the new markets across the globe. It is a dominating factor over other specifications like faster processor, more RAM and better camera.
The Government of India is planning its first 5G spectrum auction in Q2 2020. Even though the devices will be available in the first quarter itself, it will take at least another year for the technology to be fully ready for the public use.
iQOO is a subsidiary of Vivo, which is backed by BBK Electronics. The company will share its manufacturing facility with Vivo in India. iQOO currently operates independently in China.